When scammers take your money, it doesn't disappear. They get it. True and obvious.Fine. If you want to talk semantics, the article doesn't say that the scammers walked away with $120 million that no one will ever be able to recover.
The point is that the nerdism myth, the idea that tech billionaires are geniuses that will fix everything, is just one of many goofy myths that history has seen. The truth is that feudal lords were not anointed by god.Isn't this also "meaningless without citing evidence, it's just opinions" ?
It seems to me if anyone's trying to spread a myth that "tech billionaires are geniuses that will fix everything", it's the people who have something to gain by persuading people that the tech billionaires are geniuses that will fix everything. Someone once said that marketing is the art of suspending the human intellect for just long enough to separate it from its money. There will always be marketers.
So, we should see the billionaire-maker system as what it is: a lottery. It's not reliable meritocracy, if a meritocracy at all, and these systems always fail.Are you suggesting there's something out there that isn't a lottery one way or another? And that there's a system that is somehow immune to failure?